Texas A&M quarterback Johnny Manziel, along with his family, is exploring purchasing an insurance policy that would protect him financially were he to sustain an injury that would prevent him from playing in the NFL.

The reigning Heisman Trophy winning quarterback spoke to reporters after spring practice Tuesday and said he is considering taking the precautionary measure.

"We’re currently in the process of doing that," Manziel told ESPN.com. "It's just a precaution. I think there's a lot of players who have done it in the past and you never know what could happen. Football is a dangerous sport, so you kind of have to make sure that you take a precaution in that regard."

College football and men's basketball players, through the Exceptional Student-Athlete Disability Insurance Program, can purchase up to $5 million in coverage. Manziel, 20, did not say how much his family is interested in purchasing.

After the completion of the 2013 season, Manziel would have completed three years of eligibility in college, and would therefore be eligible for the 2014 NFL Draft.